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. >> it is me. >> bob costas, did he cross the line. >> and the most outrageous royal prank over. >> hello there. could i please speak to kate please, my granddaughter? >> this is piers more dpgan ton. good evening. our big story tonight from what every one is talking about. the royal prank called heard around the world. and this shocking new york subway photograph. reports of chemical weapons in syria. let's get started with what promises to be a lively discussion. and a host of huff posts live. and welcome to you all. let's start with guns and the fall out of the murder and suicide of jovan bellcher. let's watch what he said tonight. >> i believe that there should be more effective controls on the sale of guns. >> roughly 40% of the guns purchased in this country do not require a background check for purchasing. i don't see in anyone should be able to purchase military style or body armor or weapons. >> let's start off. you are a big gun fan. pln to me why bob costas is wrong? >> it boils down to the ability to protect yourself piers. when you look at what is what happening in syria with the u
, after retiring from blackrock, one of the most legendary investors is back at work. bob doll is here to join us, find out why he thinks we're going to get a deal on the fiscal cliff and why the tax increases and the cuts in the government won't be as severe as a lot of people are fearing. >> sounds optimistic. and a new report showing more small businesses are putting a for sale sign on their doors. who's selling, who's buying, and why? it's the internet's largestsell, marketplace for buying and selling small businesses. ♪ [ male announcer ] this is steve. he loves risk. but whether he'slimbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with peoplee trusts, which is why he trades with a company that doesn't nick and dime him with hidden fees. so he can worry about other things, like what the market is doing and b ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. can i still ship a gift in time r christmas? yeah, sure you ca great. where's yr gift? uh... whew. [ male announcer ] bre
that the economies matter. i think whether it's been leon panetta, bob gates, admiral mullen, the constant focus on economic feminism, i don't know canada's net position with china, but it does raise this fundamental question of whether american debt is an asset or a liability. you know, the conference in dallas yesterday were recently, where someone made a comment that an american source of power to every different in the past that it defies the pentagon and the size american debt that we're too big to fail. deadhorse lake bigger problem than us. i be interested when you're anything about policy do you look at that as a source of leverage or does it strain american options tremendous a? >> steve, very simply, the u.s. situation with respect to our deficit and debt is a national security liability. we need our senior leadership. we need a senior leadership to take it on. we have an opportunity to do so. we have a requirement to do so. at the foundation of national power is ultimately economic comment and in terms of global influence, in terms of the ability to support a military, the economic is
] the all-new cadillac ats. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto® rivaroxaban without
you think went wrong? >> well, it's very clear to me, bob, that the intelligence was right about the threat in benghazi. now, they department know the specific day and the specific event, but all of the threat streams were right. what went wrong were the policy and decision makers at department of state did not make the right security call, and i argue it's gross negligence. there were discussion prior to, to consolidate space in benghazi. we had different consulates -- not consulates but other operations around town. they thought about bringing everything in one place, and they thought that place was so unsecure, they shouldn't do it. now, that decision was made prior to the 9/11 fortunate. that means that somebody was absolutely negligent in not providing the right security to the ambassador and the employees that lost their lives that day. and somebody should be held accountability for that and we shouldn't walk away from that. >> schieffer: well-- go ahead. >> secretarily. we're three months-- nearly three months after and have not aggressively pursued individuals who killed
control took center stage during the half time show of a football game last night. and listen to what bob costas said in response it a murder-suicide over a kansas city player. >> handguns do not enhance our safety. exacerbate our flaws and tempt us into arguments and embracing confrontation rather than avoiding it. and here is what i believe if jovan belcher didn't possess a gun, he and cassandra perkins would both be alive today. stuart: we want to know what you think. go to our facebook page, weigh in, we value your opinion. and a top environmentalist, will a carbon tax will cause the glaciers from melting and temperatures from rising. his response in one second. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. to relentlessly protectelock what matters most... [beeping.
and a hat for 38 bucks. >> add a cup of coffee and a hot dog. >> while we use the word trousers, bob pisani is here watching what's good morning, bob. >> happy monday, everybody. did you notice the market. nice rally here. again, the market is demonstrated that it believes a deal on the fiscal cliff is coming. i know. i didn't hear it over the weekend. headline risk was all anybody wanted to talk about on friday. if anybody says that a deal is not happening or it's going nowhere, we could wake up down 15 points on the s&p on monday. guess what? boehner said the deal is going nowhere. now, when i call the bulls on this, they say, bob, they didn't say a deal was off. they just said so far the negotiations are going nowhere. the market still believes that a deal is coming and it's going to be a substantive deal. instead and by the way, geithner insisted on tax rates issues. looks like there may be something happening eventually. we didn't fall apart on the whole thing. even futures weren't down overnight. instead we rally on a little bit overnight on the greek deal and for those that don't kno
the fiscal cliff. this included chris van hollen. also, senators mark warner and bob corker, a republican from tennessee. this is one hour. >> good morning. i'm the head of bloomberg government. thank you for joining us today, and thank you to deloitte for partnering with us in this event. when we launched bloomberg government just about two years ago, we had the aspiration of creating a one-stop shop, with data, tools, news, and analysis to help government affairs and government sales professionals make better and faster decisions. we went a long way toward achieving that aspiration. a big part of it is conversations on the important issues that face our nation today, particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al hunt. we always love having al over here. he really pu
that bob toll cited, 1.8 to 2.8 million households fewer since 2007 were formed and that's playing catchup. we should have the formation of those households unrolling now. >> i thought it was amazing. saying the optimism has to do with demographics and not the fiscal cliff. kimberly clarke talkeded abo ee decline in birth rates. i don't shop for diapers. >> i did. not long ago. >> are you out of it? >> tail end. >> such a nice thing. >> amazing statement by them saying, listen, not a lot of people are having kids. >> what about adult diapers? >> there is some household formation in the u.k. we'll get at least one new baby in the u.k. right? >> she's a smart person. i wasn't going sexist there. i know better than that. i'm not going over the sex cliff. >> she's fashionable. >> yes, she is. >> even i know she's fashionable. >> whatever she wears maternity wear, it will be a boost. >> does she go to gsw? i said that was discount. it's designer. and you've got to go there. >> there's one on 79th street. >> gorgeous store. you can go to whole foods and you can buy shoes. may i suggest you do th
former senator bob dole was wheeled on the senate floor to rally support for the u.n. convention for rights of persons with disabilities. more than 125 countries have ratified this treaty already. here at home it was supported by a bipartisan group, including john kerry and john mccain. but the vote fell short of the 66 required votes, two-thirds required. an issue is belief by some republicans, many of them, that by signing the treaty the united states would somehow surrender some sovereignty to united nations. with me now are two advocates of this treaty, senator john kerry of massachusetts, chairman of the senate foreign relations committee and ted kennedy jr., a long-time champion of disability rights and president of the mal marwood group. it's hard for me to understand the ideological. of notion of something it taken over in our world that we have to fight even though we can't put our finger on it. >> they argued they were afraid we were giving up sovereignty of nation and somehow the united nations would be able to tell us what to do. neither are true. there is no requirem
have thought? i did. we did, bob. we did. got it. >>> back to "hardball." first, jon stewart on the status of the talks between democrats and republicans and how to avoid that cliff. >> so is there a deal? >> there's of course no deal -- >> of course! is uxere a prospect for a deal? >> there's not a prospect for a deal. there aren't even very many talks going on. >> you're killing us. give us something. >> for the first time there are numbers on a piece of paper from both sides. >> numbers on paper! highway are negotiations being conducted before they decided to put numbers on paper? were the two sides just spray painting a side of a camel hoping it wandered by the other's office? >> there's that. here's one on the stakes of going over the fiscal cliff from mr. simpson's mr. burns, very unpopular and rich ceo. >> any word from karl rove. >> despite what he's been telling you, it's over. romney lost. >> damn it. i guess it's time i explained to these good people the upcoming fiscal cliff. think of the economy as a car and the rich man is the driver. if you don't give the drive
bob moffett t chairman of both companies, mmr, owns a stake in pxp, board seats. it's related. >> and yet, ackerson, did we get hold of him? he's always been very pro shareholder. this is the most anti-shareholder. unless you're a very large shareholder. >> isn't he cynical? >> these guys are different, moffett and our man in chesapeake. >> thank you. they approach the world a little different. >> is it different from you? you're fitzgerald. >> i don't want to say cavalier, but they like to take risks, that's how they built their fortune in the first police, they all take risks. >> i thought if you bought freeport, you were trying to play the grassberg, big copper, the china thing, i didn't know i was getting involved in a high stakes poker match. >> yes. which is why you're selling. >> let's get to bob pisani who's on the floor watch what's moving. >> moffett wants the cash flow from freeport who helped finance the drilling for mcmoran drilling. why did they have to spend 70% premium to buy these things? if i wanted to buy them, i could have bought them a lot cheaper, i wante
, politico hosts a discussion with bob woodward, author of "the price of politics," and marco rubio. mike allen moderates the discussion. see that live at 10:00 a.m. eastern on c-span 3. house democrats filed a discharge petition to force a house vote to extend the bush era tax cuts for middle-class families. the bill has already passed in the senate. next, we hear from nancy pelosi. the course of the election the president made it very clear that he was courting the extension of the middle class tax cut and that everyone, 100% of the american people, would benefit from it. 100% of taxpayers, small businesses, wage earners, and the rest. the republicans are saying that rather than passing that they want to hold it hostage to giving an additional tax cut to people making over $250,000 a year. that's not negotiating. that's hostage taking. so today on the floor of the house the democrats have proposed a discharge petition which if it receives 218 signatures, that's only a couple dozen republicans joining the democrats, would automatically come to the floor and i predict would receive the ov
it is and what it means? we hit the streets. >> steve: indeed, and bob costas and his no spin zone to defend his half time gun control rant. what did he say and what does former nfl player think? he will join us live to react this hour. "fox & friends" hour two for thursday starts right now. >> gretchen: i thought the same thing that scarlet johansson was in times square answering ainsley's question. i thought what, a lucky day for steve and brian that yesterday they would have petra and today scarlet. >> brian: and the day before, victoria secret models. >> gretchen: what a week! >> steve: one of the young people when did respond said fiscal cliff, that sounds like something i probably studied in school. no. this is new. this is something that they've just fresh baked up for us. >> brian: this generation made it up! >> gretchen: they'll be paying for it. >> steve: for a long, long time. our children and children's children, consider the amount of dent this president has run up. this could be good news. the president of the united states did speak with speaker boehner yesterday on the phone. we
all she's got, and just like spock, they want you to live long and prosper. bob in florida, bob? >> caller: hey, big boo-yah to you, cramer. >> right back at ya. >> caller: first thing i want to do is thank you quick for all you do to demystify the market for people. >> that's my goal. thank you. >> caller: i'm guessing i'm not the only senior citizen living on social security that depends on a portfolio of dividend stocks as a supplement. i'd like to get your take on the future of the income stream that took me so long to create. with one stock in particular, windstream. >> i'm worried about windstream. and i read a lot of the analyst reports and they say, listen, you should be worried. when i have everyone telling me to be worried, i'm not someone who whistles past the graveyard. i say ain't worth it. >> sell, sell, sell. >> john in new york, please, john? >> caller: hey, how you doing, jim? i was wondering how you feel about nokia being that they signed on to china mobile. >> everyone's all of a sudden very excited about nokia. it's on a run. i understand a $3 stock can go to
#: 1-800-345-2550 well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> have you noticed that the experts may be pessimistic worrying about the fiscal cliff, but the global stock market may be on a tear? let's look at some of these numbers. this is great stuff. hong kong is up 19%. this is in the past year. german dax up 25%. the french cac up 11%. thailand up 43%. japan up 6%. year to date, the usa is up over 12%. that ain't bad. let's bring in our pal, jim iuor iuorio. you know, jim, it's turning out to be a very good year and it's turning out to be a very good year on a global basis. >> no doubt about it. but let's break it down. japan's stock market has rallied huge because of promi
's go to bob in california, please, bob. >> caller: boo-yah, jim. >> boo-yah, bob. >> caller: what's wrong with fan in it's down again today after their decent earnings report. is there a possible the new ceo's performance causing a wait and see attitude in spite a spectacular performance in sales and profits? unusual in many retail stocks to see many new store openings and healthy profits going on simultaneously. fran seems to be able to do it. >> i know. you know what? here's what we're going to do with fran, because i read the numbers, like you, i saw -- because i wasn't on the conference call. but i read the numbers. i said better than expected top line, better than expected earnings. how much will the stock be up? and the stock was down. what that means is i owe you an explanation and i will come up with one for fran next week. hope for the best. but when you're dealing with washish, prepare for the worst. pay close attention to the talk shows on sunday and the roundup monday. only washington would listen. here's my call to you. no vacation without legislation. "mad money" wil
at the end of the year as a lot of retail investors want to put money to work. back to you. >>> back to bob pisani here on the nyse floor. we're down 30 points. couple of the guys came by the post and said let's see what happens at 2:00. the president is going to take to twitter. if you listen to the sunday talk shows it sounds like there is no movement whatsoever. >> yet it's not killing the markets. it's surprising a lot of people, i think. we're not moving to the downside that dramatically. about even on the advance-decline line. the dow jones industrial average was at a multi-week high this morning as we opened up. we were down 12,500 two weeks ago. so not bad sideways today. not bad at all. i think the concern is the ism number weakened the market baltimore than the fiscal cliff propped up by greece. tech has not had a very good run recently. up today, dell got an upgrade at goldman. sharon talked about gold. it may be that gold has not done too bad this year but gold stocks are not outperforming. again today they are on the downside. this has been a year of buying gold, not so much bu
have to deal with it and manage through it. that was restaurant consultant bob goldin of technomic. darden shares were down 10% yesterday. the founder of software company autonomy is on the defense. this week, autonomy founder mike lynch launched a website addressing allegations of accounting fraud by hewlett- packard. hewllet recently accused autonomy executives of inflating revenues prior to hp aqcuring the company last year. a statement on the website reads "the former management team of autonomy strongly rejects the accusations made by h-p." general motors is putting the brakes on the production of some cars and trucks. according to the wall street journal, the automaker has an overload of unsold cars and trucks. over the holidays, gm plans a 3-week shutdown at its lordstown, ohio, plant, where the chevy cruze is built. shutdowns may happen at another factory as well. meanwhile, ford is increasing production by 11% next year. disney fans will soon have new choices to add to their netflix queue. disney plans to sell the rights to some of its new movies to netflix. starting next
'm not running again that we can start getting some cooperation again. hate to do it to you but wrong again, bob. it doesn't look like you're going to get a lot of cooperation. but then the radical wing of the republican party said no the republicans are being too soft and boehner is being too light on the president. his grand bargain proposal the republican counter offer to the extent that it can be interpreted from the hazy details now available is a dud. it's utterly unacceptable. it is bad policy and bad economics. that's the heritage foundation. they're saying it's too liberal boehner's proposal. that's funny. >> to think that the fever will have broken, you have this sort of tea party wing of the party controlling their party. i've said this before, what we need is a republican party. we need leaders that can control their party. >> cenk: yeah, it doesn't look liarlike they're controlling it right now. on the other hand the president has gotten tougher than he was in the first term and he lays down the law again today. >> the thinking is that the republicans will have more leverage because
>> dana: three one more things. >> greg: you had three more. three good things. >> bob: number one. >> greg: number one. speaking of number one, me -- no. catch me on greta tonight. i'm on her first block of the show. "red eye" we have ann coulter and gavin mckinnon on. >> bob: can you do something that is not self-promoting? >> greg: no. storm the first day of hanukkah. celebrate a happy holiday. that is it for us. have a great weekend, everyone. >> john: another weekend no, deal on the fiscal cliff. how close one is depends on whom you believe. this is "special report." ♪ ♪ >> john: good evening. i'm john roberts in for bret baier this evening. deadlock, gridlock, stalemate, whatever you call it. most people in washington seem to think we are there. we have just four more weekends to go before america goes over the most talked about piece ovate i of real estn the world, the fiscal cliff. ed henry tells us not everyone is pessimistic. >> reporter: literally snapping his fingers, vice president joe biden today suggested it will be easy to finish a deal with congress to avoid th
brownstein is cnn's senior political analyst, editorial director at the national journal, bob shrum is with us, democratic strategist will cane is a cnn contributor and columnist for the blaze.com. let's talk a little bit about fiscal cliff. depending on who you believe, it's going fine, or it's going terribly and we're never, ever going to have any kind of agreement, we're going to go right over the cliff, especially now that the republicans have but up their counterproposal, what do you think? or is it kabuki theater? >> i think it's kabuki theater. i think the republican proposal is a serious proposal. it's not where the deal is going to end. there has been an election. but it does reprise a lot of the arguments from the negotiations between the president and john boehner in the summer of 2011. it's not something that really should be laughed off the page. i mean, the most difficult thing for republicans is accepting an increase in the top rate for the top earners in the tax rate which they don't want to do in this proposal but which they don't ever have to vote for in order to h
is unaccountable, saturday night at 10:00 eastern on "after words" on c-span2. >>> pennsylvania senator bob casey on syria's civil war. he spoke along with incoming house foreign affairs committee chair ed royce on iran's nuclear program. the foundation for defense of democracies hosted this event. >> welcome. welcome again to the foundation for the defense of democracies annual washington forum. my name is mark argosh and i'm a proud supporter of fdd. it brings me great pleasure to introduce another senior official doing great work on capitol hill. congressman ed royce currently chairs the subcommittee on terrorism, nonproliferation and trade. last week he was selected to be the next chairman of the house foreign affairs committee. congratulations, congressman, on this new and important role. [applause] >> thanks, mark, thank you very much. >> it's no surprise that congressman royce has been entrusted by his colleagues with the committee's gavel have. he stands consistently at the forefront at the fight against global terrorist groups that threaten the united states including al qaeda. in his un
snapped. now as the city mourns, sportscaster bob costas goes off on gun control. i'm brooke baldwin. the news is now. an entire town evacuated after a shocking discovery involving explosives. >>> plus, he's on the run. but john mcafee talks to cnn after martin savidge goes on this bizarre adventure to reach him. >>> and joining me live, the ceo of ford, on what he told president obama behind closed doors about the fiscal cliff. n 315 horsepower. what's that in reindeer power? [ laughing ] [ stops laughing ] [ male announcer ] chevy's giving more. this holiday season, trade up to get the 2012 chevy silverado all-star edition for 0% apr financing for 60 months plus $2,000 cash allowance or get a total value of $9,000. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vi
out. bill: bob co stas going head-to-head with bill o'reilly about his recent on air attack about gun and a gun culture in america after the murder-suicide of an nfl player and his girlfriend. >> obviously americans have a right to bare arms i'm not looking to repeal the 2nd amendment. i have i have not immersed myself in it all my life. i never called for a probation on guns, never used the words gun control ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do bill: a rescue effort after a deadly accident inside of this water tower in eastern pennsylvania when equipment malfunctioned sending a member of the cleaning crew plummeting to his death inside and left another suspended for hours. the firefighters on the scene taking extra precaution while rescuing that second worker. >> he was talking to us from the one set that's why this was not an immediately 4 rushed operation. we took our time and put all the safety -- as much safety into the system as we could. bill: a job well done to that man anal others. a third work ownre the floor ever the 80-foot
, he was horrible in debates. >> no, you had to hold your breath all the time. >> and then bob dole, you had to hold your breath. and george w., good old guy, but that guy had trouble with the english language. >> you're going up against bubba. the best on the planet. >> it would be nice to have somebody -- >> no, that's why it was so sad when people like mitch daniels and haley didn't go in this time because they sound like churchill compared. >> guess who i just got an e-mail from? alexandra liebenthal. how exciting. julia, stay with us. >> jean just e-mailed me. >> you're a bad man. i mean, you really are. >> bad to the bone. >> we should do a segment. >> yeah. >> like the conversation we had at the dinner table. and you all have to listen. >> i have no idea what you're talking about. you wrote this past month. did you make your deadline? >> you know, again -- >> david. >> we love david. >> we love david. >> the magazine's awesome. it came with an ax. >> oh. >> i bought it for my mom for christmas. >> that was sweet. >> she'll use it. >> chop up. >> you have no idea. >> actionabl
there will be consequences and you will be held accountable. >> rose: i am pleased to have bob gates back at this table. welcome. >> thank you, charlie. >> rose: so what are you doing since you left government? >> well, i am working on a book, a mental with a of my time under presidents bush and obama as secretary of defense, and doing some speaking but staying as far from washington, d.c. as i can. >> rose: when you look at writing a book, i mean, how hard is that for you to take the time anand think of all of the events and make sure that you get it right as you recollect it? >> first i have given myself a little out at the beginning by saying this is a purely personal reminiscence of what i experienced and what i saw, i am not trying to write the defensive history and others will have a different perspective on things, but it was -- we were at war every day of the four and a half years i was in office, and as i write in the book it wasn't just the wars in iraq and afghanistan, it was daily wars with the congress, with other agencies, with the white house, and also i would say with my own building, w
to explain about that. plus, we have bob from jones day who specializes in wall street deal making. jeff, it is ammo on wall street to do things behind closed doors. you don't want word to get out on the negotiations. it gets too messy. >> right. i wouldn't advocate for a lot of people to do what wall street does. one thing you can say is they've helped facilitate thousands of mna deals this year. they've figured something out with these transactions. the deals that are most successful have the better chance of success are the ones that you negotiate behind closed doors, not the ones that turn into hostile battles and spill out into public, which is what we're seeing noup. >> i understand that, but at the same time, what wh are we going to have a deal already? people are so frustrated by this. we've had 13 months to think about. now we're down to 26 days. bob, can you really make a deal on the fiscal cliff when the negotiation is out in public? do you think we'll get a deal done? that's what everybody wants to know. >> if everybody thinks we ought to get to a deal, we'll get to a deal. t
for the nasdaq. >> bob is going to join us with a look at the week's winners and losers. what do we have? >> the important thing is we had a rally going into the close. let's look at the breakdowns. even though we didn't move much on the indices, some of the major sectors did. i'm talking financials. citigroup's announcement about layoffs, not good for them or the employees, but good for the stock. hart ford also up on the week. i know everybody is obsessed with apple. yes, apple is down 9%, but look at dell, hewlett-packard. they turned around. dell bottomed out two weeks ago. now ten and change. same thing with hewlett-packard. let's talk about breakdowns. how about gold stocks? what an ugly year, what an ugly week. still moving down here. gold stocks are not only underperforming the stock market, they're underperforming gold as well. you want to get out of these now. stock of the week, my opinion, i'm going with freeport-mcmoran. there you see the stock for the week. finally, here we are. the major averages, pretty much unchanged. notice that the outperforming the s&p 500. that's beca
up from there. and bob corker the senator from tennessee who was also on "meet the press" yesterday has proposed some legislation that instead cuts $641 million out of medicare. we'll see some scale up in that direction. there are some things that republicans could like in that initial bid. >> let me bring in congresswoman karen bass. so you're hearing all the sides going back and forth but the one thing that everybody seems to just about agree on is that we're not getting anywhere fast. lindsey graham says we're going over the cliff among others. what do you think? >> i don't believe we'll go over the cliff. i do think people are drawing a line in the sand which is a typical part of negotiation like your previous speakers said. i think that everybody understands the consequences, that the president has put forward a plan that would reduce taxes, or maintain the tax cuts for 98% of the u.s. public. and so i don't believe that my republican colleagues want to see taxes go up on 100% but they do need to come to table and counter the proposal. if they want changes and entitlements they
, he said. i met jim webb in my office not far from here. as a result of senator bob kerry asking me if i would spend some time with him, i was happy to do so, i'll never forget that meeting, just the three of us in the room. for those of us who have worked with bob kerrey, he was such -- he is and was such a vibrant person. it's almost mischievous, i guess is the way to put it. you could just tell how he had just a little touch of differentness. and when he brought him in to visit with me, i learned very quickly they were both warriors. bob kerrey, a navy seal, recipient of the medal of honor, and jim webb, as we've said, navy cross, two silver stars, two bronze stars. both veterans of the vietnam war. as we sat talking, it was obvious that they were both fighters, warriors, and jim certainly proved that in his 2006 campaign. the reason bob wanted me to visit with him is because jim webb had decided he wanted to run for senate. what did i think of it? well, i probably told jim what a lot of people told him -- you want to run for the senate? the election's right upon us. no, he said,
toss it to bob. bank of america continues its tear up 1.75% new 52-week high in today's session of 1064. on our radar this morning. let's send it over to bob with more on what's moving. >> happy friday. what a week. futures popped ten points on the jobs report even though october was revised downward rather notably. a good open. materials, techs, financials leading the way. i wish i could be more optimistic on the fiscal cliff. a gloomy commentary this morning. expectations are getting narrow. grand bargains are out and the idea of maybe the fallback position is pass a simple tax bill like the one the senate had. the simple bill here. you have tax cuts for middle class but not for people over 250,000. you have dividends and capital gains going to 23.8%. that's the senate bill. and that's it. you leave out estate tax and leave out payroll tax cut and unemployment extension and you leave that out. no delay in the sequestration. this is pretty thin gruel. this is what's tossed about and talked about today overall. is that enough to satisfy the markets? remember, the two requirements, got t
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